In the view of the American left, we should strive for the much more desirable system of socialism. You know, a type of socialism that has never worked, anywhere in the world. But the kind that only the left can oversee.
To achieve this, they espouse the virtues of socialism over capitalism. That tone of lazy economic ignorance and lack of new entrepreneurs will foretell problems for our country.
Years of the influence of Obama, Bernie Sanders, Elizabeth “Fauxcahontas” Warren, Joe Biden, Kamala Harris, AOC and the populist left-wing media have left today’s youngsters thinking that socialism is a utopia of wonderful things for which no one has to pay.
They think socialism’s great offerings are free education, free health care and free housing. Yet they are not taught history’s clear lesson: Socialism’s three great failures always end up being breakfast, lunch and dinner.
I hope this current generation can reverse this mindset. Statistics show the percentage of adults under 30 who own a business is the lowest in 30 years. Today, fewer than 4% own a stake in a private company, compared with 6.1% in 2010. Even more troubling, this number was just under 11% in 1989.